Japanese investors

Chapter 92 National Events
After Misako Torii arrived, everyone gathered.They sat in each direction, eating and drinking, enjoying such a wonderful night.

Among the four, Miki Fujiwara has the worst background.Even so, she is truly a native of Tokyo, the daughter of an ordinary middle-class family.

The importance of the middle class has already been made very clear in the American TV series "Broke Sisters".This was the hope for women to advance into upper class society.

Men from upper-class society, even if they can put down their posture to be compatible, will not favor women from the lower class of society, but will prefer women from the middle class group.

People who come from the bottom of society are not only more likely to have bad habits, but are also likely to have some basic diseases.Of course, if you are not marrying a wife, but just looking for a mistress, then there is no such thing.

Kentaro Miyamoto, Hideki Ishihara, Misako Torii, and Miki Fujiwara all have backgrounds in prestigious universities in RB.This way, they will have a broader and more consistent topic.

Misako Torii asked casually: "What were you talking about before I came?"

Kentaro Miyamoto smiled and replied: "It's a national event."

Fujiwara Miki said with a tone of self-pity: "Sister Misako, don't listen to his nonsense. Before you came, he and Hideki-san worked together to bully me."

Torii Misako pretended to be angry and scolded: "Why do you two boys shamelessly bully Miki-chan?"

Ishihara Hideki quickly clarified himself: "Even if there is, it is only Kentaro. I definitely did not bully Miki-chan."

Kentaro Miyamoto said calmly: "Brother Hideki, there is no such thing as you. Why did you sell me out?"

Ishihara Hideki joked: "If I don't sell you, then I will be educated endlessly by our Misako about the past hurts. She will not only bite me verbally, but also physically."

Torii Misako said with a smile: "I have completely complied with the agreement we had long ago. You can only use your words, not your hands. If you feel that you have suffered a loss verbally, you can bite me back!"

Ishihara Hideki immediately couldn't laugh or cry: "Isn't this dog eating dog? It's too outrageous."

Torii Misako scolded: "I hate it, you are the dog!"

Fujiwara Miki asked pointedly: "What's the hot news recently?"

Kentaro Miyamoto winked at her and said: "Do you want to express your personal opinion again? Then I will grant it to you. What do you think of the wave of bank bankruptcies caused by the bankruptcy of Silicon Valley Bank in the United States?
Will this cause a financial crisis like the one that swept the world in 2008?Furthermore, what do you think about the bankruptcy of Credit Suisse, the second largest bank in Switzerland? "

Fujiwara Miki half-opened and half-closed her eyes and said, "What do foreign affairs have to do with us, RB?"

Kentaro Miyamoto pretended to be serious and said: "How come it has nothing to do with our RB? It has a huge relationship. If the United States sneezes, the world will catch a cold.

Since you want to talk about major domestic events in RB, what do you think of the fact that the new governor of the RB Central Bank, Kazuo Ueda, will still continue an ultra-loose monetary policy? "

Fujiwara Miki said unhappy: "Are you playing with me on purpose?"

Kentaro Miyamoto tried hard to restrain himself from laughing, and waved his hand: "This is because you are overthinking. I definitely don't mean to play with you. The news I am talking about is not only the hot events happening at the moment, but also your professional counterpart. .Listen to your professional opinion, you can’t be wrong!”

Fujiwara Miki said straightforwardly: "You are clearly playing with me. Don't I know you yet? Speaking of relevant professionals, there are Sister Misako and Brother Hideki here."

Ishihara Hideki corrected: "I am not a relevant professional. Mishu-chan, your Kentaro is a relevant professional."

Kentaro Miyamoto saw that there were no outsiders here, so he asked thoughtfully: "Will Uncle Masao go to the United States or Switzerland?"

Ishihara Hideki said truthfully: "Although I don't have accurate information, I think there is a high probability that my dad will not go. There is a wave of bank failures in the United States, but it has not yet reached a truly serious level.

An important root cause of the global financial crisis that broke out in 2008 came from investment banks.Major investment banks in the United States have all had big problems.

Silicon Valley Bank ranks only No. 16 in the United States.Besides, its own problem is not big, it’s just its own arrogant operation that harms itself.Among Silicon Valley Bank's large investments, long-term bonds account for a high proportion.

In fact, at that time, he was not wrong to buy large amounts of long-term bonds.As I recall, the annual interest rate at that time was 0.4%, and the annual interest rate on a 30-year bond was 1.5%.

However, the emergence of black swan events has caused the annual interest rates of long-term bonds to fall all the way, or even invert.As a result, Silicon Valley Bank's floating losses increased.

This, coupled with the wave of runs, especially those companies in Silicon Valley, were demanding withdrawals, which contributed to the bankruptcy of Silicon Valley Bank.Although Silicon Valley Bank is bankrupt, its assets are not too bad.

As for Credit Suisse, its assets are really bad.Several of its major investments failed, resulting in huge losses, not just this year or last year, but already long ago.

Plus, there are constant scandals.Especially after it was revealed that it also laundered money for drug lords.Therefore, no one is willing to take over such a mess.However, Switzerland had to make another solution.

In any case, the implications are not small.I estimate that only the Swiss government has the guts to come forward and wipe this ass.

It is naturally inconvenient for the government to directly do this kind of work, and it also violates relevant functional principles, which can easily lead to negative public opinion from all walks of life.

The most likely method is for the Swiss government to personally provide a guarantee, and then to do various tasks for UBS, the largest bank in Switzerland, to come forward and handle it. "

Kentaro Miyamoto looked at Miki Fujiwara and said, "Why don't you tell me?"

Fujiwara Miki grinned at him and said, "What Hideki-san said coincides with what I thought."

Kentaro Miyamoto said with a half-smile: "What a coincidence! Then let me tell you whether it is good or bad for Kazuo Ueda to continue the ultra-loose monetary policy?"

Fujiwara Miki said bluntly: "Ueda Kazuo is not just a puppet of the chaebols. RB's continued ultra-loose monetary policy will only benefit the chaebols the most.

As for ordinary RB citizens, it will only become more and more miserable.Anyway, no matter how hard it is, ordinary citizens will suffer.Is it possible that we will still suffer the plutocrats? "

(End of this chapter)